To Let Detached Unit with Yard (undergoing refurbishment) Unit C11 ...

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To Let Detached Unit with Yard (undergoing refurbishment) Unit C11, The Avenues, Eleventh Avenue North, Team Valley, Gateshead, NE11 0NJ 

Modern unit located on one of the North East’s premier business parks



Excellent access to A1 and within 5 miles of Newcastle City Centre



Total Size: 2,045.5 m² (22,017 sq ft)



2 storey offices incorporating staff welfare facilities



To Let on new lease



Rent: £132,100 per annum (exc VAT)

+44 (0)191 221 2211 St Ann's Quay, 124 Quayside, Newcastle upon Tyne, NE1 3BD

Situation

Parking is provided to the front of the property.

Team Valley Estate is generally regarded as the premier estate in the region boasting over 700 business employing over 20,000 people.

Services

It offers a wide range of amenities, including hotels, restaurants and cafes as well as a retail park, shops and financial services.

Accommodation

Access to the region’s main arterial routes is unrivalled with the estate bounded on the west by the A1. Newcastle City Centre is located circa 5 miles to the north. C11 The Avenues is located on Eleventh Avenue North, with access from Kingsway, the main dual carriageway running the length of Team Valley, via Eleventh Avenue. Please refer to the attached plans for directions.

Description Currently undergoing refurbishment the property is a detached unit of steel portal frame construction with brick / blockwall to dado height and insulated profile steel cladding to eaves. The roof is of insulated steel sheeting incorporating rooflights. Internally the unit benefits from a concrete floor throughout and an internal clear height of 5.6 m. Vehicular access is via 2 electrically operated up and over sectional doors located to the rear of the property and accessed from a dedicated service yard. The warehouse benefits from high bay lighting and 4 no gas fired space heaters. Situated to the front elevation is two storey office accommodation incorporating attractive reception area and staff amenities. The offices benefit from recessed lighting and are centrally heated. Important Notice

The property is provided with mains supplies including three phase electricity and gas.

The property has been measured in accordance with the RICS Code of Measuring th Practice (6 Ed) and the approximate Gross Internal floor areas recorded as follows: 2

Warehouse Ground floor offices & amenities First floor offices Total

M 1,857.4 97.7 90.4 2,045.5

Sq ft 19,993 1,051 973 22,017

Rateable Value According to the Valuation Office Agency website (www.voa.gov.uk) the property has a Rateable Value of £99,500.

Energy Performance The property has an Energy Performance Asset Rating D (98). Further information is available on request.

Terms The unit is offered to let on a new fully repairing and insuring lease for a term of years to be agreed at a rent of £132,100 per annum.

VAT All rents and service charges are quoted exclusive of VAT.

Viewing Please contact this office for a convenient appointment to view the premises. Knight Frank is a supporter of the leasing code (www.leasingbusinesspremises.co.uk) Particulars / Image: September 2016

1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Knight Frank LLP in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value. Neither Knight Frank LLP nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4. VAT: The VAT position relating to the property may change without notice. Knight Frank LLP is a limited liability partnership registered in England with registered number OC305934. Our registered office is 55 Baker Street, London W1U 8AN, where you may look at a list of members' names.

C11 The Avenues Team Valley, Gateshead, NE11 0NJ

C11 The Avenues

Retail World

Ordnance Survey © Crown Copyright 2016. All rights reserved. Licence number 100022432. Plotted Scale - 1:10000

This plan is published for guidance only, and although it is believed to be correct its accuracy is not guaranteed, nor is it intended to form any part of any contract.

C11 The Avenues, Team Valley, Gateshead, NE11 0NJ

t&W Cons Boro dy ard B

A1

A4

B5

B 10

Glazewell House

E 14

ELE A TH VEN

D 12

E 18

N UE VEN TH OR

K 38

The Avenues

G21

K 35

G24

Tank

20m

30m J34

10m

F 20

H 25

0m

Ordnance Survey © Crown Copyright 2016. All rights reserved. Licence number 100022432. Plotted Scale - 1:1250

This plan is published for guidance only, and although it is believed to be correct its accuracy is not guaranteed, nor is it intended to form any part of any contract.